The number of dollar millionaires increased by 11 per cent to 4.58 lakh households.
New Delhi: In India, the number of dollar millionaires, individuals with a personal wealth of over Rs 7 crore, increased by 11 per cent to 4.58 lakh households at the end of the pandemic-hit 2021, according to a Hurun India Wealth Report 2021. The survey included 350 dollar millionaires.
Mumbai home to most dollar millionaires
According to the report, Mumbai is home to the largest number of dollar millionaires at 20,300 households. The financial capital of India is followed by Delhi at 17,400 and Kolkata with 10,500, the report said.
Dollar millionaires less happy than last year
The survey also pointed out that the number of those who classify themselves as happy in personal and professional lives slipped to 66 per cent in 2021, down from 72 per cent in the previous year.
Dollar millionaires plan foreign education for kids
The survey noted that more than two-thirds of those surveyed said they will prefer sending their kids abroad for education, with the US emerging the favourite destination followed by the UK, New Zealand and Germany
.Mercedes Benz most preferred luxury car
The survey also found that a fourth of those in the list of dollar millionaires change their cars every three years with the German carmaker Mercedes Benz emerging as the most preferred.
Taj most preferred hospitality brand
Indian Hotels’ Taj emerged as the most preferred hospitality brand. On the other Tanishq, which is also owned by the Tata Group, emerged as the favourite jewellery retailer. The report also noted that the Watch collection is a favourite hobby among the millionaires and nearly two-thirds of those surveyed said they own four-time pieces, the survey said, adding that Rolex is the most preferred brand.
